Cheap Homes for Rent in Niagara Falls, ON from $700 (26 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Niagara Falls, ON Local Guide

Cheapest Neighborhoods for Apartments in Niagara Falls, ON

Pricing Updated: 03/07/2026

Current apartment rentals in the Niagara Falls, ON area range in price from $750 to $4,250 with an overall median price of $2,681. The three Niagara Falls neighborhoods with the lowest median rent pricing are Clifton Hill at $1,350, Lundys Lane at $900, and Corwin Crescent at $1,650. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Niagara Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Clifton Hill$2,350$1,35058
Lundys Lane$2,400$90034
Corwin Crescent$2,500$1,65036
Niagara Falls South$2,500$75046
Orchard Park$2,500$750213
Queensway Garden Stamford Centre$2,600$93321
Drummond Heights$3,100$1,55029
Niagara South$3,500$1,10079

Cheapest Available Niagara Falls Apartments for Rent

 

The cheapest available apartment rental in Niagara Falls, ON is a 1 Bed unit found at Avalon Residences in the Drummond Heights neighborhood priced from $999. The Terrace on Lundy's in the Drummond Heights neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Niagara Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Avalon ResidencesStudio1BR,1BA$999
The Terrace on Lundy'sStudioStudio,1BA$1,200
Waverly Place1 Bed 1 Bath A1BR,1BA$1,495
6320 Valley Way1-Bedroom1BR,1BA$1,550
Squire Court Apartments2 Bed 1 Bath A2BR,1BA$1,650
40 Front St1 Bedroom1BR,1BA$1,799
Lyndon Place2 Bed 1 Bath A2BR,1BA$1,850
The Brighton1 Beds, 1 Baths1BR,1BA$1,860
Casey Street Apartments2 Beds, 1 Baths2BR,1BA$1,880
Colborne Court Apartments1 bedroom1BR,1BA$1,899

Best Value Apartments for Rent in Niagara Falls, ON

As of March 07, 2026 the best value apartment in the Niagara Falls area is the $2.16 price per square foot 2 Bed 2 Bath A Model at St. Augustine Place in the in the Niagara On The Lake neighborhood starting from $2,050. The second greatest value Niagara Falls apartment is the 2 Beds, 1 Baths Model at Victoria Park Towers starting at $1,975 with a $2.11 price per square foot in the Greater Niagara Falls neighborhood. Here is today’s list of the best values for Niagara Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
St. Augustine Place2 Bed 2 Bath A2BR,2BA$2.16
Victoria Park Towers2 Beds, 1 Baths2BR,1BA$2.11
IMPERIAL TOWERS APARTMENTS2 Beds, 1 Baths2BR,1BA$2.11
Lyndon Place2 Bed 1 Bath A2BR,1BA$1.98
Casey Street Apartments2 Beds, 1 Baths2BR,1BA$2.13
Laura Secord Apartments2 Bed 1 Bath A2BR,1BA$2.39
40 Front St1 Bedroom1BR,1BA$2.40
6320 Valley Way1-Bedroom1BR,1BA$2.23
Squire Court Apartments1 Bed 1 Bath A1BR,1BA$2.42
Waverly Place1 Bed 1 Bath A1BR,1BA$2.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Niagara Falls, ON Area Reviews

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Frequently Asked Questions about Niagara Falls

What type of rentals are currently available in Niagara Falls?

There are currently 107 Apartments for Rent in Niagara Falls, ON with pricing that ranges from $999 to $7,007. There are also 340 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niagara Falls ranging from $750 to $5,500.

What is the current price range for Rental Homes in Niagara Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Niagara Falls ranges from $750 to $5,500 with an average monthly rent of $2,600.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.